Sun Pharmaceutical allots shares against FCCB conversion

Mumbai, Oct 15 (UNI) Sun Pharmaceutical has allotted 339,441 equity shares of Rs 5 each of the Company at a premium of Rs 724.30 per share upon exercise of option of conversion for 5,500 Zero Coupon Foreign Currency Convertible Bonds (FCCB) of US dollar 1000 each into equity shares of the Company by FCCB holders.

Consequently, the paid up Equity Share Capital of the Company has increased from 19,91,65,941 Equity Shares of Rs 5 each to 19,95,25,382 Equity Shares of Rs 5 each, as of date, the Company has informed the BSE.

UNI